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Fed announces further financial stimuli for the US economy to help employment

Thursday, September 13th 2012 - 18:42 UTC
Full article 4 comments

The US central bank announced on Thursday it will resume its policy of pumping more money into the economy via so-called quantitative easing which consists of buying “additional agency mortgage-backed securities at a pace of 40 billion dollars per month”. Read full article

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  • ChrisR

    Devaluing the dollar makes debt repayment easier but impoverishes the average citizen and damages companies.

    I thought this was supposed to INCREASE jobs?

    Sep 13th, 2012 - 09:11 pm - Link - Report abuse 0
  • Fido Dido

    I thought this was supposed to INCREASE jobs?

    Really? If you really thought that, than i was all the time right about you, you are a moron.

    Mission is clear. Devalue the dollar, enrich the banksters who defrauded, continue to defraud us here in the US and Europe (include that corrupt cesspool the UK) and the people can enjoy the the good old Feudal world.

    Sep 14th, 2012 - 04:11 am - Link - Report abuse 0
  • ChrisR

    @2 Fido Dildo aka The Moron In Chief

    Because you obviously keep your head stuck on MercoPress whilst others actually look at what the so called world leaders 'say' I was being ironic.

    Obarmy and Bernanke both claim that the stimulus (QE3) was to 'ensure the creation of more jobs'. It was not a statement that I made.

    AND, if you had read AND UNDERSTOOD my post then your moronic comment comes from a need to lambast Brits and Americans irrespective of the facts.

    You really are an absolute cnut.

    Sep 14th, 2012 - 10:41 am - Link - Report abuse 0
  • British_Kirchnerist

    Investment in the real economy would be better, it really would create jobs

    Sep 15th, 2012 - 02:09 am - Link - Report abuse 0

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